REIA backs HomeBuilder package
The Real Estate Institute of Australia has thrown its support behind the federal government’s new housing stimulus package. ...
Subscribe to our newsletter
Based on its average 5-year and quarterly capital gains CONDELL PARK, 2200 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that CONDELL PARK, 2200 obtained a 6.85% growth over a ten-year period. It ranks 655th on our list of suburbs that property investors should look into.
CONDELL PARK, 2200 in NSW belongs to the local government area of Canterbury-Bankstown (A).
CONDELL PARK, 2200 has a capital gain of -2.58% for the past year, which is lower than average compared to its 14.67% growth within a five-year period.
With the median home price in CONDELL PARK sitting at $860,000, and the average rent at $600, property owners could potentially earn a 3.63% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CONDELL PARK are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $860,000 | $650,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.81% | 0% |
| Median 12 month | -2.58% | -2.99% |
| Median 3 years | -3.64% | -9.09% |
| Median 5 years | 14.67% | 4% |
| 10 years average annual | 6.85% | 6.49% |
| Weekly media advert. rent | $600 | $580 |
| Time on Market | 76.8 days | 55.6 days |
| Gross Rental Yield Percent | 3.63% | 4.64% |
The Real Estate Institute of Australia has thrown its support behind the federal government’s new housing stimulus package. ...
New research has revealed a “surprising response” to a rise in listings recorded over the month of May. ...
New data has provided insight into building approvals data, which details projects lodged with local councils largely pre-COVID-19. ...
Queenslanders now able to enjoy a well-deserved break again at Sunshine State holiday hotspots can look forward to finding their accommodati...
Home owners are advised to tread carefully when signing up for loan repayment deferrals. ...
More federal government stimulus packages and the prospect of negative interest rates could be pivotal in helping the Australian economy reb...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
